1) A few weeks ago KAP announced that Kazakhstan is increasing prod cost of 40% of 🌎 uranium production because they want more revenue for their country (understandable) => increases production cost for KAP and the JV partners Orano, CCJ, Uranium One, CNNC, CGN => production cost curve of uranium sector increases => seller asks a higher sell price => uranium price increases
2) uranium LT price continues to increase based on fundamentals, while uranium spotprice today is only ~5% higher than LT p...

With the world focused on the Paris Olympics, the Reserve Bank (RBA) is being advised to avoid hasty decisions regarding interest rate hikes.
Bell Partners Finance managing director Mark Stevenson (pictured above) stressed the potential repercussions of increasing the current OCR of 4.35%.
“The rate increases have had a big impact and continue to do so. Another increase will hurt badly,” Stevenson said, highlighting the struggles faced by mortgage holders amid 1...

Hopefully the BHP board can now move on and let Anglo American reorganize themselves and separate out/divest the stuff they don't want leaving it open for an easier transaction in the future, The only issue is that the break up of Anglo will make some parts of it more attractive to other bidders besides BHP so there might be some competitive tension to deal with for the South American Cu assets and Australian Coal. I can see the Vale and the Chinese buying all the crap assets that BHP don't want...

Imagine you bought something from JB Hi-fi 6 months ago.
You get a call from them saying they just found it they overcharged you, they are sending you 1,000 back.
Are you happy that you are getting 1,000? Or are you pissed off that they overcharged you in the first place?
It's like getting fired, but getting a good redundancy. Having your engine blow up, but it's fully covered under warranty.
It's a 'good' thing that you definitely want to happen. But it's better to not be in the situation that ...

Uh oh. Inflation at 4%, Albo cannot blame international causes for this. This is domestic.